Avnet 2012 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2012 Avnet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

AVNET SUPPLEMENTAL
EXECUTIVE OFFICERS’ RETIREMENT PLAN
(2012 Restatement)
TABLE OF CONTENTS
Page
ARTICLE 1 HISTORY, PURPOSE AND EFFECTIVE DATE
iii
ARTICLE 2 DEFINITIONS
2
2.1 Definitions .
2
ARTICLE 3 PARTICIPATION
8
3.1 Participation.
8
ARTICLE 4 PLAN BENEFITS
9
4.1 Calculation of Retirement Benefits.
9
4.2 Normal Retirement; Form of Payment.
9
4.3 Early Retirement.
10
4.4 Death Benefit.
10
4.5 Disability Benefit.
11
4.6 Interest Adjustment For Six-Month Delay Rule.
12
4.7 Minimum and Maximum Benefits Payable Under the Plan.
12
ARTICLE 5 VESTING; NON-COMPETE REQUIREMENTS
13
5.1 Vesting of Total Retirement Benefit.
13
5.2 Impact of Confidentiality, Non-Compete and Non-Solicitation Provisions.
13
ARTICLE 6 DISTRIBUTION PROCEDURES
17
6.1 Distribution of Benefits.
17
6.2 No Loans or Financial Hardship or In-Service Withdrawals.
17
6.3 Inability to Locate Participant.
17
6.4 Trust.
17
ARTICLE 7 ADMINISTRATION
18
7.1 Committee.
18
7.2 Committee Action.
18
7.3 Powers and Duties of the Committee.
18
7.4 Construction and Interpretation.
19
7.5 Information.
19